Choose one of the following topics. Prepare a 1,050- to 1,750-word paper in which you analyze one of the following global financing and exchange rate topics:
1) Purchasing Power Parity and the "Big Mac Index"
2) Currency Hedging
3) Hard and soft currencies
4) Countertrade
5) Financing via letters of credit and EXIM Bank and commercial banks
6) Tariff and non-tariff barriers
7) Roles of international financial institutions (e.g. IMF, World Bank, ADB, etc.)
8) Euro Currency Markets